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Amogy and Amon Maritime sign MoU to advance ammonia-powered shipping

05 Sep 2022

Ammonia power solutions firm Amogy Inc. and ammonia-powered shipping and technology company Amon Maritime on Thursday (1 September) said they have signed a memorandum of understanding (MOU) to advance carbon-free, ammonia power solutions for the global shipping industry. 

Both companies are engaged in research, engineering, and business efforts in the ammonia-powered maritime space and will collaborate to accelerate the decarbonisation of global transportation. This partnership will bring zero-carbon ammonia-powered shipping to market rapidly, offering an edge over competitors operating in this space.

Amon Maritime is solely focused on commercialising ammonia as fuel in several shipping segments. 

In 2020 they launched Viridis Bulk Carriers, together with Navigare Logistics and Mosvolds Rederi, which will offer zero carbon shipping in the short sea bulk segment in Europe. In co-operation with ECONNECT Energy, they launched last year Azane Fuel Solutions, which will offer safe, cost effective, scalable ammonia bunkering terminals. 

Amogy has developed a proprietary ammonia-to-power technology platform to decarbonise the global transportation industry. The technology has been demonstrated successfully in an aerial drone and farming tractor, and the Amogy team is already working on scaling the platform for use in larger vehicles, including ships. 

Amogy’s platform will be evaluated for use across current and future Amon Maritime initiatives, which span much of the ammonia-powered shipping value chain. Together, the companies will work to identify ways to make scalable, decarbonised power solutions accessible to the shipping industry through pilot and full-scale commercial projects.

“This partnership with Amon Maritime is a very important milestone for Amogy, as we focus our attention on demonstrating the viability of our unique ammonia-to-power system in seagoing vessels,” said Seonghoon Woo, CEO and Co-Founder at Amogy. 

“With their existing, high-value relationships, Amon Maritime is the perfect partner to help deliver game-changing ammonia power solutions to more of the shipping industry.”

“The global shipping industry recognises an urgent need for efficient and scalable solutions to decarbonise operations. In Amogy, we have identified a partner to help expedite the commercialisation of ammonia power for use in these vessels,” said André Risholm, Founder & CEO at Amon Maritime. 

“We’re excited to collaborate with the entire Amogy team to offer our global shipping partners pioneering solutions for lowering emissions while maintaining efficient operations using ammonia.”

Related: Azane Fuel Solutions receives DNV AiP for ammonia bunkering and loading station
Related: Yara on track in making ammonia available as bunker fuel to meet IMO emissions targets
Related: Azana Fuel Solutions joins project partners to deliver ammonia bunkering terminals
Related: Viridis Bulk Carriers granted public funding to build ammonia-powered vessels

 

Photo credit: Amogy and Amon Maritime
Published: 5 September, 2022

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